Exit interviews, when conducted with care, can provide a flow of thoughtful feedback and insight on all three fronts. They can increase employee engagement and retention by revealing what works or doesn't work inside the organization.
Why you shouldn't do an exit interview?
Disadvantages of participating in an exit interview
Benefits the employer more than the employee exiting the company. Doesn't guarantee any changes will be made. Communicates Information that may not be used. Creates the possibility that your name may be connected to the information you shared.
Do you legally have to do an exit interview?
Legal concerns
Exit interviews are not legally required, but they can help put companies on notice of potential lawsuits. For example, at exit interviews, employees may be asked to sign a confidentiality agreement regarding trade secrets and employer data. ... This is most commonly done with regard to terminated employees.